Ticking Along

Things ticking over as they should just now. A funding seminar run by NZFC and SPADA tomorrow morning, which aims to explain the mysteries of the SPIF (Screen Production Incentive Fund). New Zealand's SPIF offers an automatic 40% rebate on production spend in NZ, as long as the feature qualifies as a NZ film (points basis). The catch is that the threshold to trigger it is a minimum $4m QNZPE (Qualifying NZ Production Expenditure). This is the Catch-22 for most indies. There's some talk about lowering the threshold - be interesting to see if that is mentioned tomorrow.

Then a meet with a major television network re potential cooperation over the film. They've read the script and still want to meet, which is vaguely hopeful. But I've learned not to get overly optimistic about these things. They may just want to tell us what's wrong with our project, and add to the mountain of notes which have already been accumulated.

I've scheduled an equity investors' meeting for Thursday 14th May - now just need to sort out a venue and try to drum up some attendees. We've had a good initial response to the proposal, but then again $500k is a bit to raise in the current climate. Will post the documents about the funding pitch soonish, for anyone who's interested.